CONFIRMED Cameron Archer signs for the Blades - 4 year contract

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ISZA ⚔️ said:
At least Villa think we’re staying up.
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Interesting if near the end of the season Villa are stranded mid-table and we are in a relegation scrap, and we had to play them... Isn't that a conflict of interests?
 
gaffablade said:
What I’ve just been told-

It’s villa who have orchestrated the deal for their FFP.

9m up front
9m if we stay up
AVFC account for all 18m this season and this is why it will be in the media as an 18m deal.

8m buy back ‘option’ if we go down.

Unbelievable deal for the Blades if true.
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How can AVFC account for £18m when £9m of that is contingent upon us staying up? Genuine question as to whether it’s allowed.
 
adamawdhali said:
I don’t want to dampen anyone spirits but I live right next to the ground and floodlights are always on
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I thought the usual "glow" from the lane at night is the Pitch Grow Lights?

Can't say i've ever driven down East Bank Road and seen the floodlights on unless it's a game day.
 
LondonBlade89 said:
How can AVFC account for £18m when £9m of that is contingent upon us staying up? Genuine question as to whether it’s allowed.
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They are two different things.
The sale is £18m and will be accounted for when the deal is complete.
The two lots of £9m or any kind of payment plan is a separate item and is paying of the debt we owe to Villa That is a Balance Sheet item not P&L
 
ShockingBadBuy said:
Unsurprisingly, Slimane is said to have a hamstring injury.

So, we may see him again in next summer's friendlies.
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Thankfully it wasn't mentioned as serious by Hecky so hopefully he'll be back in next few weeks but the luck we have with hamstrings might means he's out for longer as you've alluded to!
 
Railway Blade said:
They are two different things.
The sale is £18m and will be accounted for when the deal is complete.
The two lots of £9m or any kind of payment plan is a separate item and is paying of the debt we owe to Villa That is a Balance Sheet item not P&L
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Is it not relevant that the second £9 million is only payable if we stay up?
 
Railway Blade said:
They are two different things.
The sale is £18m and will be accounted for when the deal is complete.
The two lots of £9m or any kind of payment plan is a separate item and is paying of the debt we owe to Villa That is a Balance Sheet item not P&L
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FFP is about cumulative losses over a period (3 years IIRC).

Income/expenses go through the P&L to produce a net profit or loss. On the basis that Villa are only guaranteed £9m, that is all they can book as income and that income will then help to offset their cumulative FFP losses.

If the £9m on staying up is true (seems too much for Villa to accept IMHO), that is a contingency and so does not form part of their accounts. It can't be just 'a balance sheet item', without having a corresponding P&L effect (debits and credits, innit).

If Villa want to, they could disclose it by way of a note to the accounts, but it would be just that; a note. It might make them look very silly, if we crash and burn and are down early next year.

In summary, they can only book £9m now, but if their accounts are for a period beyond the end of the season AND we have stayed up, they could book the whole £18m.
 
LondonBlade89 said:
How can AVFC account for £18m when £9m of that is contingent upon us staying up? Genuine question as to whether it’s allowed.
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El accounto mentioned yesterday the first payment is up front £6m and the rest has to be paid before end of season, he also hinted its from next years budget not this years and PA will pay for it by taking a loan out against future payments.
 
Booker4 said:
Thankfully it wasn't mentioned as serious by Hecky so hopefully he'll be back in next few weeks but the luck we have with hamstrings might means he's out for longer as you've alluded to!
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Conversely, the luck we have with Hecky's public statements about injuries might mean that his leg has actually been amputated above the knee.
 

I should coco said:
FFP is about cumulative losses over a period (3 years IIRC).

Income/expenses go through the P&L to produce a net profit or loss. On the basis that Villa are only guaranteed £9m, that is all they can book as income and that income will then help to offset their cumulative FFP losses.

If the £9m on staying up is true (seems too much for Villa to accept IMHO), that is a contingency and so does not form part of their accounts. It can't be just 'a balance sheet item', without having a corresponding P&L effect (debits and credits, innit).

If Villa want to, they could disclose it by way of a note to the accounts, but it would be just that; a note. It might make them look very silly, if we crash and burn and are down early next year.

In summary, they can only book £9m now, but if their accounts are for a period beyond the end of the season AND we have stayed up, they could book the whole £18m.
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Aston villa want the full 18m in this years accounts so they can then spend upwards of £108m because spending can be split over a 6 year contract which would leave them with the same FFP as now.
 
Harrisblade said:
So we all come on the Rumours Section to see what rumours are doing the rounds - but no-one can post any rumours until they're not rumours any more but have actually happened???
Hmmmm....... 🤔
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Directed at nobody in particular though... Some people don't seem to know what a rumour is.

Making stuff up, is not a rumour. It might become a rumour. But making it up, is an initial lie.
 
Hackey Blade said:
Aston villa want the full 18m in this years accounts so they can then spend upwards of £108m because spending can be split over a 6 year contract which would leave them with the same FFP as now.
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They may well 'want' it, but they can't have it.

No auditor will sign off accounts with that extra £9m in, UNLESS we have actually stayed up.
 
We’ll we’re waiting. Haven’t got all day ya know.
 

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